Digital Mental Health Company Resilience Lab Buys Telehealth Platform Options MD
New York-based mental health technology company Resilience Lab has acquired online psychiatric medication management platform Options MD. The transaction closed on September 28 and was announced on October 8, 2024. Options MD is a telemedicine platform that provides personalized care for people suffering from severe and treatment-resistant mental illnesses. Resilience Lab is an online mental healthcare platform that connects patients with therapists who specialize in depression, anxiety, attention-deficit/hyperactivity disorder, post-traumatic stress disorder, obsessive-compulsive disorder and more. The acquisition allows Resilience to integrate Options MD’s medication management and... Read More »
Thriveworks Acquires Synchronous Health in First Ever Acquisition
Mental health provider Thriveworks kicked off October with a deal announcement. The company announced on October 2 that it has acquired AI-powered behavioral health company Synchronous Health. Synchronous Health is a behavioral telehealth company that delivers online counseling and coaching from human specialists with support between sessions from Karla®, an AI bot. Lynchburg, Virginia-based Thriveworks offers therapy and psychiatry services through in-person and virtual modalities. The provider operates more than 340 facilities in 49 states and Washington, D.C., and employs more than 2,200 clinicians. The acquisition enables Thriveworks to expand its technology base and operate enterprise... Read More »
RCM Provider VisiQuate Acquired by PE Firm Accel-KKR
VisiQuate announced on October 1 its acquisition by Menlo Park, California-based private equity firm Accel-KKR. Financial terms of the deal were not disclosed. VisiQuate offers a user-friendly end-to-end revenue cycle management (RCM) and analytics solution that lets virtually anyone in a healthcare organization explore complex data from multiple sources to quickly gain insights and create actionable workflows. Since it was founded in 2009, VisiQuate has partnered with hospitals and health systems to markedly improve their top and bottom line. The company is headquartered in Santa Rosa, California. Accel-KKR is a technology-focused investment firm with more than $5 billion in capital... Read More »
RxLive Becomes Wholly Owned Subsidiary of Competitor Scriptology
Tech-enabled medication management company Scriptology announced that it has acquired its competitor, RxLive. RxLive is a concierge telehealth pharmacy service that connects patients with expert pharmacists in a secure, private and personal way. RxLive began in 2017, and over the last seven years, it has made significant investments to build out its technology platform, artificial intelligence and analytics. RxLive sells its medication management platform to other healthcare organizations. Scriptology is an Atlanta, Georgia-based provider of medication management services intended for improving patient outcomes and lowering the total cost of care. Scriptology is a pre-series A... Read More »
Kovo HealthTech Acquires RCM Provider Healthcare Data Management
Kovo HealthTech announced that its indirect wholly-owned subsidiary, Kovo Acquisitions LLC, has acquired 100% of the assets of Healthcare Data Management (HDM). The aggregate purchase price for the assets totaled $3.3 million. HDM is a Maryland-based medical billing company specializing in asthma and allergy, maternal fetal medicine, orthopedic, radiology, cardiology, internal medicine, family medicine, mental health, endocrinology, neurosurgery, infectious disease, bariatrics and chiropractic revenue cycle management (RCM). HDM generated revenue (reported in accordance with GAAP) of $2.56 million for the annual period commencing August 1, 2023 and ending July 31, 2024 (unaudited),... Read More »Schedule a demo
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